$ 4,300,000
340-342 SHAKESPEARE ST Vanier And Kingsview Park, ON K1L 5M2
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$ 4,300,000
Est. payment /mo
Price Dropped by $100K
340-342 SHAKESPEARE ST Vanier And Kingsview Park, ON K1L 5M2
UPDATED:
11/21/2024 08:06 AM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID X9768631
Annual Tax Amount $19,000
Tax Year 2024
Property Description
Welcome to 340-342 Shakespeare! This newly built 8 unit income property consists of 2 fourplexes each with four 3 bedroom, 2 bathroom units in a prime Vanier location, being close to all amenities, public transit and recreation. Still room for increased rents. Rent control does not apply to this building. Hi-end finishings and quality appliances. Letter of interest from a lender under the MLI System for 3.9 million of financing at a preferred rate.
Quick closing is available and preferred. Less then one year from occupancy so new construction works under the MLI. If not using the MLI Select the affordable rent could be increased. Should qualify for efficiency points as the insulation including under the basement slab is excellent and heated with high efficiency ducted heat pumps with electric backup. What a fantastic property to add to or start your investment portfolio.
Quick closing is available and preferred. Less then one year from occupancy so new construction works under the MLI. If not using the MLI Select the affordable rent could be increased. Should qualify for efficiency points as the insulation including under the basement slab is excellent and heated with high efficiency ducted heat pumps with electric backup. What a fantastic property to add to or start your investment portfolio.
Location
Province ON
County Ottawa
Area 3402 - Vanier
Rooms
Family Room No
Basement Full, Finished
Interior
Cooling Unknown
Heat Source Electric
Exterior
Garage Spaces 4.0
Pool None
Utilities Available Unknown
Roof Type Asphalt Shingle
Building
Story 3
Foundation Concrete
Others
Security Features Unknown
Pets Description Unknown
Listed by SOLID ROCK REALTY
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